FILE PHOTO - A for sale sign displays a sold home in a development in Ottawa on July 6, 2015.
Image Credit: THE CANADIAN PRESS/Sean Kilpatrick
June 14, 2017 - 6:30 PM
KAMLOOPS – Success of a residential development proposed for the North Shore will depend on whether potential buyers believe size isn't everything.
Roughly half the 47 units planned for the Tranquille Road and Clapperton Road lot are so-called micro-suites — between 344 and 365 square feet.
Joshua Knaak with developer Arpa Investments says if approved by Kamloops City councillors, he expects the micro-suites will sell for less than $150,000 each and construction should begin fall of this year.
Knaak hopes the design will attract young professionals who value recreation time spent outside of their homes. He says the location and its proximity to restaurants, coffee shops, McArthur Island Park, and the river is central and very walkable.
The small living space trend is booming in the Lower Mainland and Kelowna, where they learned that micro-suites can't be counted on as affordable housing.
If you've never stepped foot in a micro-suite and have trouble picturing 365 square feet, here are some comparisons:
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a 40' shipping container is about 320 square feet.
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standard roadside billboard is 672 square feet.
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half of a pickle ball court is 440 square feet.
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this 372 square foot home depot storage shed.
Keep in mind that a bed, kitchen, bathroom — and homeowner — must fit in the space as well.
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News from © iNFOnews, 2017